ASKL construction
ActiveSummary
ASKL construction has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €75,709 and a net result of €33,146. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▼-4
Solvency57▲+12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.26 in 2023; short-term debt: 37.1% and cash: 34% of total assets), and 68.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.9%
Return on assets
14%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
13 d early
2022
33 d early
2021
38 d early
2020
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€75,709▲ 77.9%
2023 · €42,563
Total assets
€237,600▲ 14.4%
2023 · €207,753
Net result
€33,146▼ 6.8%
2023 · €35,583
Working capital
€43,271▲ 130%
2023 · €18,847
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€103,080-€68,369▼ 33.7%€31,078▼ 54.5%€47,826▲ 53.9%€45,808▼ 4.2%
Net result€83,767above the sector's middle half-€55,763above the sector's middle half▼ 33.4%€23,251within the sector's middle half▼ 58.3%€35,583above the sector's middle half▲ 53.0%€33,146above the sector's middle half▼ 6.8%
Equity€88,767within the sector's middle half-€144,529within the sector's middle half▲ 62.8%€166,980above the sector's middle half▲ 15.5%€42,563within the sector's middle half▼ 74.5%€75,709within the sector's middle half▲ 77.9%
Total assets€241,667within the sector's middle half-€331,940within the sector's middle half▲ 37.4%€362,737within the sector's middle half▲ 9.3%€207,753within the sector's middle half▼ 42.7%€237,600within the sector's middle half▲ 14.4%
Debt€152,900-€187,411▲ 22.6%€195,757▲ 4.5%€165,190▼ 15.6%€161,891▼ 2.0%
Working capital€64,433-€123,310▲ 91.4%€154,763▲ 25.5%€18,847▼ 87.8%€43,271▲ 130%
Solvency36.7%within the sector's middle half-43.5%within the sector's middle half▲ 6.8pp46.0%within the sector's middle half▲ 2.5pp20.5%within the sector's middle half▼ 25.5pp31.9%within the sector's middle half▲ 11.4pp
Staff (FTE)0.1below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237,600
Fixed assets
€106,070 ▼ 9.5%
Current assets
€131,530 ▲ 45.3%
Equity and liabilities €237,600
Equity
€75,709 ▲ 77.9%
Debt
€161,891 ▼ 2.0%
Debt's share of the balance-sheet total falls from 79.5% to 68.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67,491▼
2023 · €68,479
Cash flow
€54,829▼
2023 · €56,235
Current ratio
1.49▲
2023 · 1.26
Quick ratio
1.27▲
2023 · 0.69
Debt to equity
2.14▼
2023 · 3.88
ROE
43.8%▼
2023 · 83.6%
ROA
14.0%▼
2023 · 17.1%
Interest coverage
13.20▼
2023 · 31.21
Debt ≤ 1 year
€88,259▲
2023 · €71,649
Debt > 1 year
€73,218▼
2023 · €84,603
Income taxes
€8,714▼
2023 · €10,114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,334 | €0 | €2,608 | €100 | ▼ 96.2% |
| Remuneration, social security and pensions62 | - | €1,676 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,601 | €19,283 | €24,414 | €20,652 | €21,683 | ▲ 5.0% |
| Other operating charges640/8 | - | €2,704 | €994 | €1,098 | €3,258 | ▲ 197% |
| Gross operating margin9900 | €131,022 | €92,032 | €56,486 | €69,577 | €70,749 | ▲ 1.7% |
| Operating profit (loss)9901 | €103,080 | €68,369 | €31,078 | €47,826 | €45,808 | ▼ 4.2% |
| Financial income75/76B | - | - | €27 | €64 | €1,165 | ▲ 1,721% |
| Recurring financial income75 | - | - | €27 | €64 | €1,165 | ▲ 1,721% |
| Financial charges65/66B | - | €1,746 | €2,691 | €2,194 | €5,113 | ▲ 133% |
| Recurring financial charges65 | €2,212 | €1,746 | €2,691 | €2,194 | €5,113 | ▲ 133% |
| Profit (loss) for the period before taxes9903 | €100,868 | €66,623 | €28,414 | €45,697 | €41,860 | ▼ 8.4% |
| Income taxes67/77 | €17,101 | €10,861 | €5,163 | €10,114 | €8,714 | ▼ 13.8% |
| Profit (loss) for the period9904 | €83,767 | €55,763 | €23,251 | €35,583 | €33,146 | ▼ 6.8% |
| Profit (loss) for the period to be appropriated9905 | €83,767 | €55,763 | €23,251 | €35,583 | €33,146 | ▼ 6.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €241,667 | €331,940 | €362,737 | €207,753 | €237,600 | ▲ 14.4% |
| Fixed assets21/28 | €94,939 | €130,153 | €128,402 | €117,257 | €106,070 | ▼ 9.5% |
| Tangible fixed assets22/27 | €94,939 | €130,153 | €128,402 | €117,257 | €106,070 | ▼ 9.5% |
| Land and buildings22 | - | €91,950 | €91,498 | €86,141 | €85,023 | ▼ 1.3% |
| Plant, machinery and equipment23 | - | €6,967 | €4,501 | €4,082 | €3,682 | ▼ 9.8% |
| Furniture and vehicles24 | - | €31,235 | €32,403 | €27,034 | €17,365 | ▼ 35.8% |
| Current assets29/58 | €146,728 | €201,788 | €234,335 | €90,496 | €131,530 | ▲ 45.3% |
| Stocks and contracts in progress3 | - | €13,802 | €8,485 | €41,000 | €19,414 | ▼ 52.6% |
| Stocks30/36 | - | €13,802 | €8,485 | €1,000 | €19,414 | ▲ 1,841% |
| Contracts in progress37 | - | - | - | €40,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €69,235 | €50,948 | €33,736 | €23,739 | €29,939 | ▲ 26.1% |
| Trade receivables40 | - | €44,194 | €32,498 | €23,739 | €23,138 | ▼ 2.5% |
| Other amounts receivable41 | - | €6,754 | €1,238 | €0 | €6,801 | - |
| Cash at bank and in hand54/58 | €71,731 | €132,712 | €189,599 | €24,486 | €80,817 | ▲ 230% |
| Deferred charges and accrued income490/1 | - | €4,326 | €2,516 | €1,270 | €1,359 | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €241,667 | €331,940 | €362,737 | €207,753 | €237,600 | ▲ 14.4% |
| Equity10/15 | €88,767 | €144,529 | €166,980 | €42,563 | €75,709 | ▲ 77.9% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €83,767 | €139,529 | €161,980 | €37,563 | €70,709 | ▲ 88.2% |
| Amounts payable17/49 | €152,900 | €187,411 | €195,757 | €165,190 | €161,891 | ▼ 2.0% |
| Amounts payable after more than one year17 | €70,383 | €108,933 | €96,847 | €84,603 | €73,218 | ▼ 13.5% |
| Financial debts170/4 | - | €108,933 | €96,847 | €84,603 | €73,218 | ▼ 13.5% |
| Amounts payable within one year42/48 | €82,295 | €78,478 | €79,572 | €71,649 | €88,259 | ▲ 23.2% |
| Current portion of amounts payable after more than one year42 | - | €11,930 | €12,086 | €12,243 | €11,385 | ▼ 7.0% |
| Trade debts44 | €15,841 | €12,623 | €10,807 | €33,743 | €12,500 | ▼ 63.0% |
| Suppliers440/4 | - | €12,623 | €10,807 | €33,743 | €12,500 | ▼ 63.0% |
| Advances received on contracts in progress46 | - | - | €9,500 | €585 | €22,150 | ▲ 3,686% |
| Taxes, remuneration and social security45 | - | €27,962 | €19,329 | €19,086 | €10,828 | ▼ 43.3% |
| Taxes450/3 | - | €27,962 | €19,329 | €19,086 | €10,828 | ▼ 43.3% |
| Other amounts payable47/48 | - | €25,963 | €27,850 | €5,992 | €31,396 | ▲ 424% |
| Accrued charges and deferred income492/3 | - | - | €19,338 | €8,937 | €414 | ▼ 95.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,767 | €55,763 | €23,251 | €35,583 | €33,146 | ▼ 6.8% |
| + Depreciation and write-downs630 | €20,601 | €19,283 | €24,414 | €20,652 | €21,683 | ▲ 5.0% |
| Operating cash flow (approximation) | €104,367 | €75,045 | €47,665 | €56,235 | €54,829 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€54,496 | -€22,663 | -€9,507 | -€10,497 | ▼ 10.4% |
| Change in cash | - | €60,982 | €56,887 | -€165,113 | €56,331 | ▲ 134% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €23,251 ▼58.3%
Net result drops to €23,251, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €166,980 ▲15.5%
3 profitable years in a row build equity to €166,980.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €144,529 ▲62.8%
2 profitable years in a row build equity to €144,529.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Langemark-Poelkapelle · 1 establishment unit since 2020
Ground area
972 m²
Building footprint
186 m²
Volume, LiDAR
760 m³
Parcel 33014A0222/00K002, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ASKL construction
since 20202.300.672.328
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33014A0222/00K002 | Flanders | 972 m² | 1 · 186 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 86 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 86 EUR | 0 EUR |
Recognitions · licences · registrations
Recognised contractor
5 categoriesASKL construction BV43790
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Of 663 companies in sector 16110 we hold annual accounts for 320. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
16110Sawmilling and planing of wood
25510Coating of metals
43230Insulation installation
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0740679924
Also
9925:BE0740679924
Registered
14-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.